Visa Direct is testing stablecoins to streamline cross-border business payments, improving speed, liquidity, and treasury efficiency. This new pilot, announced at SIBOS 2025, allows businesses to pre-fund payouts using stablecoins, modernizing traditional treasury processes.
Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, said, “Cross-border payments have relied on outdated systems for too long. Stablecoin integration lets money move instantly worldwide, offering businesses more flexibility.”
Unlocking Faster Liquidity
By using stablecoins, businesses can free capital previously tied to large fiat balances. This allows more dynamic treasury management while ensuring payouts are covered. Moreover, stablecoins provide a predictable settlement layer, reducing exposure to currency volatility and stabilizing operations.
How the Pilot Works
- Stablecoin Pre-Funding: Businesses deposit stablecoins with Visa Direct as “money in the bank,” covering future payouts.
- Who Benefits: Banks, remitters, and financial institutions seeking faster, more flexible cross-border liquidity management.
- Availability: Visa is onboarding select partners for the pilot, with expansion planned in 2026.
The initiative builds on Visa’s long-term strategy to modernize global money movement. By combining Visa’s global scale and blockchain programmability, the company empowers financial institutions and businesses to access faster, reliable, and programmable payouts.
“Visa Direct’s stablecoin pilot strengthens global treasury operations while reducing friction in international payments,” added Newkirk. This program demonstrates Visa’s commitment to a digital-first financial ecosystem for businesses worldwide.
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News Source: Businesswire.com